Sunday, 1 March 2015
Last updated 1 day ago
Jun 3 2008 | 2:00am ET
A Morgan Stanley proprietary trader has joined Brevan Howard Asset Management, and the London-based hedge fund is in talks with his boss.
Shikhar Ranjan has already agreed to join the US$21 billion firm, TheStreet.com reports. He, his boss Mike Pohly and colleague Jared Epstein have left Morgan Stanley, reportedly among 1,500 layoffs firm-wide layoffs. Pohly is now in discussions about joining Brevan Howard, but no agreement has yet been struck, TheStreet says.
Pohly’s group is not thought to be responsible for the billions in losses that Morgan prop desks have suffered recently.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…